Exploration…...The first step towards sustainable development


The exploration activities are the direct reflection of the effort exerted in the petroleum agreements sector and are the key to adding reserves for more growth. Currently, there are more than 60 international companies working in the field of petroleum exploration and exploitation within 183 areas in the Mediterranean Sea, the Nile Delta, Western Sahara, the Eastern Desert, Sinai, and Upper Egypt under the supervision of the Ministry of Petroleum's affiliated companies.


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  • Because of the continuous and intensive petroleum exploration programs during the past period, 449 discoveries (315 oil, 134 gas) were achieved, which added Egypt's oil and gas reserves about 522.3 million barrels of oil and condensates in addition to 41.7 TCF gas from 2013 until 2020. and (119) development leases for discoveries were signed in the Mediterranean, Western, and Eastern Deserts.
  • Egypt has been on a drive to attract more investment in its energy sector and speed up production at recent discoveries in different Petroleum Provinces.

GANOPE Signs $750M Geophysical Data Agreements to Unlock Red Sea and South Egypt Exploration Potential

Two new contracts have been signed between South Valley Egyptian Petroleum Holding Company, Schlumberger, and TGS for the implementation of two projects to collect geophysical data in the Red Sea and South Egypt region, with investments of more than 750 million dollars. This project will attract investment and open up new exploration opportunities, and it is a milestone in the history of exploration in the petroleum sector. It is also an urgent necessity to start exploration in this new region, as it will provide us with clearer data for deep geological formations, sedimentary basins, and potential oil reservoirs. The first phase was completed in December 2018 to start marketing the Red Sea and some areas of the South Valley.

  • The 2D Seismic data acquisition phase was completed in March 2018, where 10,904 km long was collected by 109% of the plan (10,000 km long). A marine gravity and magnetic survey was also collected in conjunction with the seismic survey, which will lead to the integration of the data and can result in giving a clearer picture of the subsurface structures and the expected oil reservoirs
  • GANOPE announced an international bid round in March 2019 for 10 Blocks in the Red Sea. Chevron, Shell, and Mubadala have awarded Blocks No. 1,3 & 4 as the ministry announced Dec. 2019. 


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EGPC and Schlumberger Launch OBN Seismic Survey in the Gulf of Suez to Unlock Untapped Potential

EGPC signed a new contract with Schlumberger to acquire new Seismic data on the Gulf of Suez to unlock the remaining potential in this mature basin. The first phase of the project started Jan. 2020 in GUPCO & Neptune Development leases using OBN Seismic Surveys Technology, covering an area of 1225 km2.

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Map of the current operators in the Gulf of Suez


EGAS Completes Phases I & II of West Mediterranean Seismic Project

The Egyptian Natural Gas Holding Company (EGAS) has conducted a Multi-Client Project (spec) in the Western Mediterranean to provide all seismic data in the region, identify the geological structures of the region and re-market them globally to foreign and national companies, which in turn inject billions Dollars as direct investments to increase oil and gas production or at least maintain the level of production, which directly affects the public treasury and the country's national output. The Phase I &II of the West Med. The MC Project has been completed with new acquired 2D seismic data of 30,000 Km and more than 10,000 Km of reprocessed data.



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Map of the newly acquired 2D MC in the West Mediterranean



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